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Showing posts with the label oil drilling

The Weekly Standard doesn't think BP loves oil nearly enough.

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If you read this Weekly Standard article , you might think it a shocking expose -- shocking, because it's in the Weekly Standard -- of BP's longstanding laxness with regards to safety issues. But what develops is something else entirely: An exercise in schadenfreude that a company that tried so hard to brand itself as "green" has enmeshed itself in one of history's more notorious environmental disasters. The game is given away when describing Oberon Houston, an engineer who left the company a few years back after narrowly avoiding death on a BP rig. Andrew Wilson's article presents a litany of safety-related reasons for Houston's departure, but tacks this on: And finally, he told me over the course of several interviews, he was distressed by an abundance of rhetoric—coming from the CEO—about BP going “beyond petroleum” and joining the environmental activists in campaigning for reduced carbon emissions. “To me and everyone I knew, it didn’t make any sens

Will the BP oil disaster destroy Obama's presidency?

Well, I'm unusually harsh about President Obama in this week's column for Scripps: President Obama might make a great senator someday. That's the thought that occurred Tuesday night as Obama vaguely described a "set of principles" that would set America on course toward its energy future -- even as he lamely admitted to being "unsure exactly what that (future) looks like." Senators have the luxury of noodling around with legislation, haggling and negotiating until a bill comes into shape. Presidents, on the other hand, are supposed to offer leadership -- a concrete plan of action. So far, Obama is failing the test. Unfortunately, there's nothing new to this. Obama spent the first year of his presidency being overly vague about what he would and wouldn't accept in a health-reform bill. The result? Senators took the lead, spending months in confusing and nearly fruitless negotiations while an antsy public grew increasingly angry. There

Michael Smerconish's crazy, unfactual sympathy for BP and the oil spill

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Michael Smerconish isn't joining a boycott of BP -- because if the boycott succeeds, maybe BP will go out of business. And if they go out of business, who will provide the money and expertise to fix the oil spill in the Gulf of Mexico? I intend to drive out of my way to fill up at a BP pump. Why? Because it's imperative that the company doesn't tap out before plugging the leak and cleaning up the tens of millions of gallons of crude oil marring the Gulf of Mexico. If BP goes under before either of those tasks is complete - or if the company can't afford to complete them itself - the federal government will be sucked into picking up the tab. Or worse, actually taking the lead in trying to stop the flow of oil into the Gulf and mop up the mess. Here's the thing: the mess is proving very costly to BP -- both in terms of its stock market value and in terms of how much it's spending. And yet those enormous costs pale in comparison to how much money BP still has

Should BP end offshore oil drilling?

That's the topic of my Scripps Howard column with Ben Boychuk this week -- and a trickier topic than usual. Because I want the answer to the above question to be "Yes, yes, a thousand times yes!" But given the realities of American politics and the country's energy consumption, it seems impossible to end offshore drilling entirely. So my answer? Regulate the hell out of the industry, and rigorously enforce those regulations. It would be nice if we could unilaterally end offshore oil drilling. Nobody likes to see the oily bird carcasses washing up on beaches, nor the plaintive looks in the eyes of suddenly idled Louisiana fishermen. The widespread damage being done right now in the Gulf of Mexico should be intolerable. But we will tolerate it. We have to. America's energy demands are simply too great to give it up - our politicians are not going to ask us to sacrifice our comfortable lifestyles; we won't let them in any case - and the country isn't a

Drill, baby, drill!

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Told of President Obama's decision to greatly expand offshore drilling , my wife this morning sighed and said: "He has a whole bunch of Republican in him." Republicans surely won't agree. And it's important to remember that he told us he would do this two years ago: Obama said Friday that he would be willing to compromise on his position against offshore oil drilling if it were part of a more overarching strategy to lower energy costs. "My interest is in making sure we've got the kind of comprehensive energy policy that can bring down gas prices," Obama told The Palm Beach Post early into a two-day swing through Florida. The problem, from my perspective,is that he's doing this before there's a comprehensive energy policy in place. It's an offering in hopes of getting one. From the NYT today: The proposal is intended to reduce dependence on oil imports, generate revenue from the sale of offshore leases and help win political support